In advising Congress and the President on how much to increase defense spending in response to security concerns, economists would suggest that they evaluate the

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Economists would suggest evaluating the marginal cost of each additional dollar spent on defense versus its marginal benefit. This means analyzing the costs and benefits of increasing defense spending by one more dollar, considering how much additional security it provides. This approach allows for a comparison of the most effective use of resources and helps prevent overspending on defense. Considering the total cost or average cost per citizen may not accurately reflect the benefits of additional spending. The median cost per citizen or benefit may also not provide a comprehensive evaluation of the costs and benefits of increasing defense spending.

In Advising Congress and the President on How Much to Increase